Wednesday, August 18, 2010

Possible $27m Case of Elder Abuse

An elderly man with dementia remains in the care of those accused of fleecing $27 million from him as the State Government drags its heels.

The Noosa News reported in June that Roger Hack, 80, sold his farm on Noosa Hill for $27 million seven years ago but was now virtually bankrupt.

The whereabouts of the fortune is unknown after being weaved through a maze of trust funds and investments.

Mr Hack’s son, Richard, battled to have his father removed from those in charge of his money, and two months ago the case reached the Queensland Civil and Administrative Tribunal.

Mr Hack would be put in the care of the State Government, it ruled, away from those who had controlled his fantastic wealth.

Full Article and Source:
Possible $27m Case of Elder Abuse

2 comments:

StandUp said...

It's happening all over the world.

Thelma said...

Well, it seems that defalcation of the elderly by those in charge is not unique to the U.S.